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Global Tariffs, Categorized

🇺🇸 United States
🇹🇲 Turkmenistan
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 🇹🇲

United States to Turkmenistan Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing by 8% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under specific bilateral agreements or if goods are part of humanitarian aid programs.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Data Processing Machines to Turkmenistan
The United States reported a significant rise in exports of automatic data processing machines (HS Code 8471) to Turkmenistan, driven by demand for advanced IT infrastructure in the region.
2023-10-15
Impact: This surge is expected to strengthen bilateral trade ties and support Turkmenistan's digital transformation initiatives.
Turkmenistan Seeks US Technology for Data Processing Expansion
Turkmenistan's government has expressed interest in importing more data processing units and optical readers from the US to modernize its public sector data management systems.
2023-09-20
Impact: This could lead to increased US exports and potential long-term contracts for American tech firms.
Trade Agreement Discussions Include Data Processing Equipment
During recent trade talks between the US and Turkmenistan, both parties discussed the inclusion of data processing machines and related technologies in future trade agreements.
2023-08-05
Impact: If finalized, this could reduce trade barriers and boost the flow of tech goods between the two nations.
Policy Updates
US Updates Export Controls on Data Processing Technology
The US Department of Commerce introduced revised export controls on certain data processing machines and units (HS Code 8471), requiring additional licensing for shipments to non-allied countries, including Turkmenistan.
Date: 2023-07-10
Turkmenistan Adjusts Import Tariffs on IT Equipment
Turkmenistan announced a reduction in import tariffs for automatic data processing machines and related equipment to encourage technology adoption, potentially benefiting US exporters.
Date: 2023-06-15